New Gurgaon- Future Location For Real Estate Investment
What is New Gurgaon - New Gurgaon is a planned city situated on Dwarka
Expressway. There are three main clusters in New Gurgaon. First part is between
Sohna Road and NH-48 ( Sectors 76 to 80). Second Part is between NH-48 and
Pataudi Road(Sector 81 to 95). Third part is between Pataudi Road and
Delhi(sector 96 to 113). New Gurgaon is
well connected with three highways, NH8, Kundli–Manesar–Palwal Expressway and
Dwarka-Gurgaon Expressway, Railway Station, Airport, and the proposed ISBT.
Moreover, it is bisected by the National Highway Pataudi Road, which is the
most promising upcoming real estate area of Gurgaon. According to the
development plan for Gurgaon-Manesar Urban Complex-2025, the residential sectors
of Gurgaon will ultimately reach Manesar. Therefore, a majority of developers
have launched projects across New Gurgaon. Top developers with presence in the
area include Godrej, Emaar, Vatika, DLF Builders and numerous more.
The city of New Gurugram/Gurgaon has
recently grown very fast. Let's review the factors that make it the greatest
option for everyone.
·
Affordable
property
·
Lesser
air and noise pollution
·
Good
connectivity to every part of the city and Airport
·
Tremendous
upsurge in infrastructural development and future growth prospects
·
Adequate
avenues for shopping and entertainment
·
More
than 100 Project launched.
·
More
than 30000 apartments delivered
·
Options
for everyone (Affordable to Luxurious)
New Gurgaon is quickly becoming a vibrant center for
residential and business hub in the National Capital Region. strategically
located between Delhi and Manesar. New Gurgaon is about 35 minutes from
the airport and 25 minutes from DLF Cyber City thanks to direct access to NH-48
and the Dwarka Expressway. Over 25,000 families have already relocated to this
area of Gurgaon.
New Gurgaon has developed into one of the educational centers of
NCR. With Prominent institutions and universities including BML Munjal
University, Amity University, GD Goenka College, DPG Institute of Technology
and Management, as well as schools like DPS International and St. Xavier's.
Why Real Estate Investment in
New Gurgaon Property – Today Gurgaon has made his own
niche in the real estate market where residents, builders, and investors all
have put their efforts to make Gurgaon as
the best real estate destination to invest.
With future growth potential, numerous infrastructural
projects currently under construction, affordable housing, and seamless
connectivity, New Gurgaon has emerged as a prime location for real estate
investment.
Sectors or areas with a prime location on either side of the
highway and that are also reachable by internal sector roads are referred to as
"New Gurgaon" and are located beyond the second toll plaza on NH-8.
The real estate micro-market and the Dwarka Expressway, which is now considered
as a stretch of the new Gurgaon region, are the two growth corridors for
development projects.
Two major clusters, Sectors 76 to 95 & 95A and Sectors
102 to 113, in New Gurgaon offer bright prospects. The National Highway 8
(NH8), the Dwarka-Gurgaon Expressway, and the Kundli-Manesar-Palwal Expressway,
which connect the major three roads, are all easily accessible from all of
these areas. The proposed ISBT, the airport, and the railway station are all
very close to commuters on this road. The National Highway Pataudi Road passes
through it, making it the ideal real estate investment in new Gurgaon.
Gurgaon's metro expansion plan but no clarity on routes - There are a number of top-notch
commercial and residential projects that are developed here because of the good
connectivity to interior areas of New Gurgaon and Delhi, along with the
upcoming metro extension. According to the officials, the metro route will
begin in Huda City Center and travel up to Sector 23, which crosses NH-8 at
Hero Honda Chowk through Subhash Chowk. It will travel from NH-8 via sector 9A
to Sector 104 close to the Dwarka Expressway and then return. The metro route
will then continue to Sector 4 or Sector 5 and head towards Rezang la Chowk and
Palam Vihar in Sector 23.
Primarily, the metro route was to have 19 stops, but officials
changed their plans and chose to build 22 stations instead. In order to take
the metro up to Sector 104, the metro route alignment has changed. Many
investors in the commercial and residential sectors were attracted to this
development move.
The most well-known builders have all shown a great interest
in the area and have started a number of projects in New Gurgaon, including
those in sectors 82, 83, 86, 91, 92, and 95A. The Haryana government also
projected more development initiatives in the area in the future. Additionally,
New Gurgaon has emerged as the most promising financial and industrial hub in
India, with the third-highest per capita income, and promising a healthy return
on investment over the course of the medium to long term.
Real estate Growth
- New Gurgaon is
known as a premier area for both commercial and residential development. Multinational
companies, industries, corporate structures, offices, and other commercial
setups are perfect for this area. The Dwarka Expressway and the New Gurgaon
region are expected to increase demand for office and retail space. More than
500 enterprises have local offices in the city. The commercial expansion has
also resulted in residential growth across Gurgaon.
Approximately 51,000 residential apartment units have been
launched up to this point. Due to the presence of major business opportunities,
there are plenty of jobs and investment opportunities in Gurgaon. The increased
demand for office spaces has led to the growth of business centers, virtual,
offices, or co-working spaces. The co-living spaces and co-working or the
shared spaces have contributed to the changing trend in the residential and
commercial sectors. There is a huge rise in the availability of space for rent
as people are buying more and more property in Gurgaon, which also has become a
new trend for investment purposes.
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